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Steep fuel price hike likely as under-recoveries rise -Rajesh Chandramouli

-The Times of India CHENNAI: With the oil ministry looking to announce steps to curb fuel consumption on September 16, industry insiders and analysts expect a steep one-time increase in prices of diesel and domestic LPG. In several key cities, the under recovery in domestic LPG is more than double that of the selling price while in diesel, the gap has increased to Rs 12.12 a litre from Rs 9.03 per litre...

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No model state -Christophe Jaffrelot

-The Indian Express In Gujarat, growth relies on indebtedness. And relegates development. The Gujarat pattern of development has often been arraigned from the left because of its social deficits. Indeed, the state's social indicators do not match its economic performance. With 23 per cent of its citizens living below the poverty line in 2010, Gujarat does better than the Indian average - 29.8 per cent - but it reduced this proportion by...

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Global food prices continue to drop

-FAO   prices of cereals and oils decrease - FAO expects bumper cereal harvest this year Rome: The FAO Food Price Index dropped for the fourth month in a row in August reaching its lowest level since June 2012. The index, which measures the monthly change in the international prices of a basket of food commodities, averaged 201.8 points in August 2013, nearly 4 points (1.9 percent) below its July value and 11 points...

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Idli emerges bestseller at Amma canteen -Christin Mathew Philip

-The Times of India CHENNAI: The simple yet nutritious idli is the fastest selling item on the menu at the Amma canteens. Since February, 4.6 crore idlis have been sold here. But the taste of success might just be embittered by financial burden on the corporation. Sources said the civic body loses 86 paise per idli, which is sold for 1 in the canteens. So, if the civic body sold 4.6 crore...

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Bengal threat to pension bill

-The Telegraph New Delhi: The Left and the Trinamul Congress have both promised to oppose the passage of the pension reform bill that the government plans to push with the BJP's support. The Pension Fund Regulatory and Development Authority (PFRDA) bill was listed for passage in the Lok Sabha today but was stalled because of protests over various issues. One of them was the fuel price hike, which found Trinamul and the...

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